Located on the popular Geelong Street of Fyshwick, this battle axe block is easily accessible.
For sale via Private Treaty.
22 Geelong Street is partially leased and ideal for investors and / or developers. With long standing tenants on a month to month basis this presents a great opportunity to purchase a low risk investment / development opportunity. The building is partially leased, with the following rental income:
Current Annual rental income: $98,578+GST
Annual outgoings of approximately $33,000
The site is a battle axe flexible rectangular shape with a total area of 2,796m² with 2 buildings totalling 931m2 and versatile IZ2: Industrial Mixed Use Zoning. It has future flexibility to redevelop, allowing sufficient time for successful planning.
Sale via Private Treaty for $1,100,000
For more information contact Dania 0406 375 946 or John Price 0412 266 194